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Nigeria: Staff Report for the 2013 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2013 Article IV Consultation highlights Nigeria’s poverty and income inequality that remain high and social and governance indicators that are below averages for sub-Saharan Africa. Growth is expected to remain strong, driven by agriculture, trade, and services. Inflation should continue to decline, in line with a tight monetary policy, and a lowering trend in food prices from higher rice and wheat production. Transparency and governance in the oil sector should be enhanced, including by strengthening the regulatory framework through the passage of a sound Petroleum Industry Bill featuring stringent enforcement clauses.

Suggested Citation

  • International Monetary Fund, 2014. "Nigeria: Staff Report for the 2013 Article IV Consultation," IMF Staff Country Reports 2014/103, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2014/103
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=41496
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    Cited by:

    1. Anders Aslund, 2014. "Revisiting the Latvian and Greek Financial Crises: The Benefits of Front-Loading Fiscal Adjustment," CASE Network Studies and Analyses 0477, CASE-Center for Social and Economic Research.

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    Keywords

    ISCR; CR; Nigeria; current account; government; real GDP;
    All these keywords.

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